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ICICI Bank faced widespread criticism after announcing a significant increase in minimum balance requirements for new account ...
ICICI Bank had raised minimum balance requirement for its new savings bank accounts for metro, urban locations opened on or ...
A more value-for-money customer is one objective of ICICI Bank’s higher minimum balance requirement. There are also some cost ...
ICICI Bank, India's second-largest private sector lender, has partially rolled back its controversial move to sharply ...
Check how much you need to maintain in HDFC, SBI, Kotak Mahindra, among other private and public sector banks’ savings ...
ICICI Bank's announcement last week had raised the MAB to Rs 50,000, which was in contrast to other banks that have ...
ICICI Bank reduces minimum average balance (MAB) for new savings accounts after customer backlash. Urban MAB now ₹15,000, ...
Following the huge public backlash, ICICI Bank has backtracked from its previous ₹50,000 minimum monthly average balance (MAB ...
While making the minimum payments on your credit cards keeps your account current, it's a costly strategy that can trap you in debt for years at a time. With a $3,000 balance at 22% APR, paying only ...
1don MSNOpinion
Minimum balance, only banks win while depositors lose out
ICICI Bank's MAB hike controversy has brought the practice under scrutiny, questioning its appropriateness. Introduced in the ...
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